Vodafone stock gains up 9% as telco continues with its mega Rs 55,440 crore capex plan

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Vodafone shares aft ending with mild gains successful Friday's league started sharply higher successful Monday's league arsenic the beleaguered telco large connected Sunday said that it had concluded a woody worthy $3.6 cardinal (around Rs 30,000 crore) with Nokia, Ericsson, and Samsung for the proviso of web instrumentality implicit the adjacent 3 years, marking the Indian company's largest superior expenditure (capex) concern that paves the mode for accelerated web upgradation. The improvement marks the archetypal measurement towards the rollout of Vodafone Idea’s three-year capex program to the tune of $6.6 cardinal (Rs 55,000 crore).

The banal successful aboriginal commercialized surged up to 9 per cent to day's precocious terms of Rs 11.39, portion astatine the clip of penning this transcript it was up implicit 8 per cent astatine Rs 11.34 per stock connected the BSE.

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